OPEN-SOURCE SCRIPT
Bitcoin ETF Flow Tracker
GM 💎
Just as tracking global liquidity flows helps us anticipate movements in crypto, I believe that monitoring institutional activity would also offer us additional edge in investing since their large-scale trades and strategic moves could result in significant changes in BTC price trends.
Hence why I created this indicator to help us track:
1. Total Cumulative Flow of the 8 biggest US BTC ETFs (top pane),
2. Total Net Flow of those institutions in both low and high timeframes (middle pane), and
3. Individual BTC ETF Flow (bottom pane).
*Recommended timeframes for analysis: 4H, 12H or 1D
*Color code of Total Net Flow:
Bright Green: strong positive total net flow
Dark Green: weakening positive total net flow
Bright Red: strong negative total net flow
Dark Red: weakening negative total net flow
*Top 8 biggest US BTC ETFs (in no particular order):
1. Grayscale Bitcoin Trust
2. BlackRock's iShares Bitcoin Trust
3. Fidelity Wise Origin Bitcoin Fund
4. ARK 21Shares Bitcoin ETF
5. Bitwise Bitcoin ETF
6. Invesco Galaxy Bitcoin ETF
7. VanEck Bitcoin Trust
8. Franklin Bitcoin ETF
*Recommended institutions to track: number 1, 2, 3 since they've been the most active and have had the highest flow within this space.
Just as tracking global liquidity flows helps us anticipate movements in crypto, I believe that monitoring institutional activity would also offer us additional edge in investing since their large-scale trades and strategic moves could result in significant changes in BTC price trends.
Hence why I created this indicator to help us track:
1. Total Cumulative Flow of the 8 biggest US BTC ETFs (top pane),
2. Total Net Flow of those institutions in both low and high timeframes (middle pane), and
3. Individual BTC ETF Flow (bottom pane).
*Recommended timeframes for analysis: 4H, 12H or 1D
*Color code of Total Net Flow:
Bright Green: strong positive total net flow
Dark Green: weakening positive total net flow
Bright Red: strong negative total net flow
Dark Red: weakening negative total net flow
*Top 8 biggest US BTC ETFs (in no particular order):
1. Grayscale Bitcoin Trust
2. BlackRock's iShares Bitcoin Trust
3. Fidelity Wise Origin Bitcoin Fund
4. ARK 21Shares Bitcoin ETF
5. Bitwise Bitcoin ETF
6. Invesco Galaxy Bitcoin ETF
7. VanEck Bitcoin Trust
8. Franklin Bitcoin ETF
*Recommended institutions to track: number 1, 2, 3 since they've been the most active and have had the highest flow within this space.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
👉 Access the best tools for trading & investing here (3-day FREE trial): joinquantalgo.com/
📩 DM if you need any custom-built indicators or strategies.
📩 DM if you need any custom-built indicators or strategies.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
👉 Access the best tools for trading & investing here (3-day FREE trial): joinquantalgo.com/
📩 DM if you need any custom-built indicators or strategies.
📩 DM if you need any custom-built indicators or strategies.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.